Fences

In the criminal world, a fence is someone who knowingly buys stolen property and later sells it in a legitimate market. Fences often earn large profits because thieves, unwilling to shoulder the risk and time commitment involved in selling stolen goods themselves, are willing to “fence” them for small sums. The use of the word as a verb is first attested to in about 1700 as thieves’ slang for selling something under “defense of secrecy.” Where do fences often sell their goods today? Discuss

Source: The Free Dictionary

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